Mirae Asset Short Term Fund
Mirae Asset Short Term Fund is a short term fund of Mirae Asset Investment Managers (India) Pvt. Ltd with ₹505 cr under management. It is ahead of its benchmark (CRISIL Short Duration Debt A-II Index) in 2 of 3 periods. Its direct plan charges 0.26% a year. Basant Bafna has managed it for 2.7 years.
Has Mirae Asset Short Term Fund beaten its benchmark?
Ahead of its benchmark, CRISIL Short Duration Debt A-II Index, in 2 of 3 periods in AMFI's figures; +4.27% over the last year against +4.78%.
Period returns
Direct Plan, growth · 3y and longer a year| Period | Fund | Nifty 500 TRI | Ahead |
|---|---|---|---|
| 1 month | −0.46% | −3.60% | — |
| 3 months | +0.28% | −5.03% | — |
| 6 months | +2.18% | −1.83% | — |
| 1 year | +4.13% | −4.06% | +8.19 pts |
| 3 years | +7.20% | +9.27% | −2.07 pts |
| 5 years | +6.31% | +8.00% | −1.69 pts |
| 10 years | — | +12.69% | — |
| Since start from 19 Mar 2018 | +6.89% | — | — |
Official figures
AMFI performance feed, 13 Oct 2026| Period | Direct | Regular | Benchmark | Ahead | Rank |
|---|---|---|---|---|---|
| 1y | +4.27% | +3.39% | +4.78% | −0.51 | 🔒 |
| 3y | +7.23% | +6.33% | +7.01% | +0.22 | 🔒 |
| 5y | +6.33% | +5.45% | +6.12% | +0.21 | 🔒 |
| 10y | — | — | — | — | — |
Value of 100, month-end
Mar 2018 to 14 Oct 2026₹100 put in at the start of Mar 2018 would be ₹176 on 14 Oct 2026, against ₹271 in the Nifty 500 TRI.
What does Mirae Asset Short Term Fund cost?
0.26% a year on the direct plan, 1.05% on the regular plan; 0 of 22 funds in its category charge less.
Who manages Mirae Asset Short Term Fund?
Basant Bafna, since 1 Feb 2024.
What does Mirae Asset Short Term Fund hold?
43 holdings as of 30 Sep 2026; the ten largest are 55.7% of the fund, the largest 7.45% Export-Import Bank of India (MD 12/04/2028)** at 7.8%.
Mix
Holdings as of 30 Sep 2026Five largest
% of fundFive largest industries
% of fundHow does Mirae Asset Short Term Fund score against its category?
Seven scores against funds of its kind, and the warning signs it trips.
Are the companies inside any good?
The holdings by valuation, forensic risk, business quality and balance sheet, weighted by their share of the fund.
How is Mirae Asset Short Term Fund run?
Turnover, what it bought and sold, its cash and its record in new listings, from its monthly holdings files.
Which funds hold much the same?
The index it is nearest and the funds whose holdings overlap most.
Funds that hold much the same
% of holdings in commonHow much is in its sponsor's own group?
Holdings in companies of the fund house's sponsor group, beside the index.
Questions people ask
Who manages Mirae Asset Short Term Fund?
Basant Bafna (Primary) since 1 Feb 2024.
What is the expense ratio of Mirae Asset Short Term Fund?
0.26% a year on the direct plan and 1.05% on the regular plan (expense report, Oct 2026).
How has Mirae Asset Short Term Fund done?
Its direct plan returned +7.23% a year over 3 years against +7.01% for its benchmark, CRISIL Short Duration Debt A-II Index, as of 13 Oct 2026.
See Mirae Asset Short Term Fund beside your own funds in Valarth
